HaiKhuu Daily Report - 01/30/2025
Good morning, and happy Thursday!!! Markets are looking alright with the confusion that is happening with mega cap earnings. At the time of writing this report, $SPY is up roughly 0.33%, while $TSLA & $META are up 2%, while $MSFT is down 4%.
This should be another fun time for the markets regardless, as traders are confident in these market conditions and are extremely excited to trade. I know that I personally am excited due to the bullish momentum and strength that is being established on $SPY, but just know that again, anything can happen here in the short term.
So continue to tread lightly, practice safe risk management, and do what you can to maximize your profit potential. I believe we have some amazing opportunities to trade, so continue to do what you can to maximize your profit potential, and we can have a great time, and realize a significant amount of gains.
Good luck trading today, and let’s realize some gains!
The updated $SPY daily levels are as follows:
Conversion Line Support: $600.86
Baseline Support: $593.07
Psychological Support: $600
Daily Cloud Support: $596.97
Thoughts & Comments from Yesterday - 01/29/2025
Yesterday was a challenging and confusing day for the overall markets with continued choppy bearish momentum leading into FOMC and Jerome Powell, and man, was that a ride. Rates remained unchanged as there was a 908% confidence that was about to happen, and we watched as the markets flatlined, waiting for the event to happen, only to be met with choppy conditions that traders could have easily capitalized on, while others did get chopped around.
So, we started the day with $SPY opening at $603.66, slightly down from the previous close, and watched as, throughout the entire morning, $SPY remained relatively neutral with a slight bearish undertone. Conditions were obviously not ideal at that time as there was just weak bearish momentum, but thankfully, everything did start to heat up leading into the FOMC decision on the interest rate and Jerome Powell speaking.
Leading into FOMC, $SPY did take a quick dive to $600, where traders were alerted and provided an awesome opportunity to scalp a quick dip prior to FOMC, and many traders were able to realize gains as a result of that. Markets quickly recovered from that drop, leading to the interest rate decision to watch as the markets continually tended down once again to make the official low of the day, trading at $599.22 and ripping some faces off once Jerome started to speak.
$SPY did quickly move back up, testing the $604 resistance level, but thankfully, despite the tough conditions, we were able to retain the majority of the recovery, where $SPY ended the day officially trading at $601.81. Hopefully, you all were able to realize some gains while trading yesterday (Because of the New Year) and I hope you are ready for a continuation of volatility for today!
S&P 500 Heat Map - 01/29/2025
Thoughts & Comments for Today - 01/30/2025
If I am just being honest with you, I hope that today is a great day for the markets. With the way that everything is set up at the moment, I think that we gave a great opportunity to catch a breakout in the markets and capitalize on the strength in these conditions. There again is the underlying fact that there is downside risk, and we can drop at any time, but in reality, there is a significant amount of strength in the markets that we can very easily capitalize on.
If you are looking for some organizations that will be risky, but provide us with some great opportunities to scalp and day trade, look into $AAL, $AAPL,, and $INTC. all have had or will have major events soon. $AAL unfortunately crashed a plane yesterday, resulting in the equity dropping slightly. If you are looking for an opportunity to buy a dip, this is going to be a great opportunity, it all just comes down to personal morality and how comfortable you are purchasing organizations that have fallen like this. But, on top of that, $AAPL and $INTC both have earnings after hours today, which will make trading today significantly more volatile.
The biggest suggestion for today, though, has to come down to the idea of simply not remaining passive in these market conditions. If you have the ability to actively trade, there is no reason at all why you should not be attempting to capitalize on these conditions. It is one thing if you are already fully allocated and do not have the capital to trade, but if you are just sitting there watching the markets with deployable capital and are not utilizing it, you are missing out on potential. At least look for opportunities to sell premium with that capital. If you ever have any questions about selling option premium, please do not hesitate to reach out to me or post in our options chatrooms!
For my allocations today, I do intend on managing my positions throughout the day as BTC is looking strong, providing confidence leading into the trading day. Obviously, anything can happen and I can look to take on some additional risks when attempting to trade, but at the same time, with the way that the markets are moving, it would not surprise me in the case that we break out. In the case that I am given an opportunity to chase the momentum, just know that I will act like a dog in a field and have a great time. So, just tread lightly and make the most out of today!
If I see any opportunities, or if I decide to get into any other plays, I’ll announce what I see in the HaiKhuu Discord.
My Personal Watchlist:
Note, just because something is on my watchlist does not mean it is a signal to buy or sell any equities
Watchlist:
$SPY, $AAL, $AAPL, $INTC, $TSLA, BTC, $DG, $GRYP, $TSLA, $MSFT
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN / $JEPI
Long-Term Investment - $INTC / $RIVN / $DG / $BA
Economic News for 01/30/2025 (ET):
GDP - 8:30 AM
Initial Jobless Claims - 8:30 AM
Pending Home Sales - 10:00 AM
Notable Earnings for 01/30/2025
Pre-Market Earnings:
United Parcel Service (UPS)
Dow Chemical (DOW)
Blackstone (BX)
Southwest Airlines (LUV)
Mastercard (MA)
Nokia Corp (NOK)
Allergo MicroSystems (ALGM)
STMicroelectronics (STM)
Caterpillar (CAT)
Thermo Fisher Scientific (TMO)
After-Market Earnings:
Apple (AAPL)
Intel (INTC)
Visa (V)
Canadian National Railway (CNI)
KLA Corp (KLAC)
Atlassian Corp (TEAM)
Baker Hughes (BKR)
Deckers Brands (DECK)
Olin Corp (OLN)
Weyerhaeuser (WY)
Wrap up
Hopefully, market conditions will continue to remain favorable as we pump today. Opportunities will be consistently available to trade, the only concern is how much confidence the markets have, and how much confidence you have about the market confidence. Tread lightly, follow the market momentum, and DO NOT BE PASSIVE IN THESE CONDITIONS. Traders are going to have lots of opportunities and print some money, so please continue to have a great time, make some smart decisions, and realize some gains!
Good luck trading, and let’s print some money today!